A star Fidelity [see profile] PM is about to take some time off to write a book. Reuters' Ross Kerber reports that Joel Tillinghast -- PM of the $35.7-billion, four-star Fidelity Low-Priced Stock Fund -- will take a four-month leave of absence this fall, returning in January.

James Harmon, PM of the $5.2-billion Fidelity Advisor Small Cap Fund, will helm Low-Priced Stock in Tillinghast's absence. And Morningstar's Christopher Davis reports that "Harmon won't be able to trade stocks in the fund's top 50 holdings without consulting Tillinghast first." 

Edited by: Neil Anderson, Managing Editor


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